Showing 1 - 10 of 609
Persistent link: https://www.econbiz.de/10001486892
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10001545534
Persistent link: https://www.econbiz.de/10001629599
This paper discusses the efficiency of a pay-as-you-go pension reform by introducing a child benefit in an endogenous fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor supply. The optimum share of fertility-related pensions...
Persistent link: https://www.econbiz.de/10001739606
Historically, in virtually all developed economies there seems to be clear evidence of an inverse relationship between female labor supply and fertility. However, particularly in the last decade or so, the relationship across countries has been positive: for example countries like Germany, Italy...
Persistent link: https://www.econbiz.de/10001650593
This paper discusses alternative ways to deal with the positive externalities of having children in a pay-as-you-go pension system. Family allowances are compared to introducing a fertility-related component into the pension formula. In an endogenous labor supply setting, both instruments are...
Persistent link: https://www.econbiz.de/10002039241
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508
Persistent link: https://www.econbiz.de/10002085529
Children take considerable time and effort to "produce," and their production is overseen by their families. As a consequence, family type may have a significant effect on child outcomes. One would expect that the relative disadvantages of having unmarried parents would have diminished over the...
Persistent link: https://www.econbiz.de/10014173917
In this paper, I look at the effects of long work hours on divorce using both cross-sectional and panel data from the 1991-1993 Surveys of Income and Program Participation. For the majority of Americans, 40-hour workweeks are still typical. Both men and women who work long hours (50 or more per...
Persistent link: https://www.econbiz.de/10014174593